Triple Net Tangible Assets vs Non Current Liabilities Total Analysis
TFPM Stock | USD 15.08 0.02 0.13% |
Triple Flag financial indicator trend analysis is much more than just breaking down Triple Flag Precious prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triple Flag Precious is a good investment. Please check the relationship between Triple Flag Net Tangible Assets and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Net Tangible Assets vs Non Current Liabilities Total
Net Tangible Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Triple Flag Precious Net Tangible Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Triple Flag's Net Tangible Assets and Non Current Liabilities Total is -0.39. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Triple Flag Precious, assuming nothing else is changed. The correlation between historical values of Triple Flag's Net Tangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Triple Flag Precious are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Tangible Assets i.e., Triple Flag's Net Tangible Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Non Current Liabilities Total
Most indicators from Triple Flag's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triple Flag Precious current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Triple Flag's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 18th of June 2024, Enterprise Value Over EBITDA is likely to grow to 29.85, while Discontinued Operations is likely to drop about 16 M.
2023 | 2024 (projected) | Discontinued Operations | 31.8M | 16.0M | Interest Income | 3.2M | 3.4M |
Triple Flag fundamental ratios Correlations
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Triple Flag Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triple Flag fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 658.0M | 1.3B | 1.3B | 1.3B | 1.9B | 1.3B | |
Short Long Term Debt Total | 58.6M | 276.4M | 1.1M | 1.9M | 58.8M | 68.8M | |
Other Current Liab | 2.9M | 3.1M | 4.9M | 11.3M | 15.0M | 7.8M | |
Total Current Liabilities | 3.8M | 4.1M | 5.3M | 12.6M | 17.2M | 9.0M | |
Total Stockholder Equity | 593.6M | 1.0B | 1.3B | 1.3B | 1.8B | 1.2B | |
Other Liab | 2.2M | 1.4M | 2.6M | 4.3M | 5.0M | 2.6M | |
Net Tangible Assets | 593.6M | 1.0B | 1.3B | 1.3B | 1.5B | 1.0B | |
Property Plant And Equipment Net | 607.5M | 1.2B | 1.2B | 1.2B | 1.8B | 1.2B | |
Net Debt | 47.8M | 255.7M | (39.5M) | (69.2M) | 41.6M | 46.1M | |
Retained Earnings | (45.5M) | 10.0M | 40.3M | 63.7M | 46.6M | 48.9M | |
Accounts Payable | 674K | 775K | 147K | 1.0M | 624.8K | 697.2K | |
Cash | 10.8M | 20.6M | 40.7M | 71.1M | 17.3M | 31.1M | |
Non Current Assets Total | 613.3M | 1.2B | 1.2B | 1.2B | 1.8B | 1.2B | |
Non Currrent Assets Other | 5.7M | 9.9M | 1.8M | 13.5M | 3.5M | 6.6M | |
Other Assets | 5.8M | 11.9M | 4.4M | 16.2M | 18.6M | 19.5M | |
Cash And Short Term Investments | 29.7M | 38.5M | 51.3M | 76.5M | 31.2M | 46.2M | |
Net Receivables | 10.7M | 10.1M | 16.1M | 8.3M | 23.0M | 14.4M | |
Short Term Investments | 18.9M | 17.9M | 10.7M | 5.4M | 13.9M | 11.0M | |
Liabilities And Stockholders Equity | 658.0M | 1.3B | 1.3B | 1.3B | 1.9B | 1.3B | |
Non Current Liabilities Total | 60.5M | 277.9M | 3.5M | 6.0M | 66.1M | 71.2M | |
Capital Lease Obligations | 1.6M | 1.4M | 1.1M | 1.9M | 2.1M | 1.5M | |
Inventory | 2.1M | 9.7M | 1.4M | 0.0 | 1.4M | 2.5M | |
Other Current Assets | 2.2M | 240K | 3.6M | 5.8M | 1.2M | 1.1M | |
Total Liab | 64.3M | 282.0M | 8.8M | 18.6M | 83.3M | 77.7M | |
Deferred Long Term Liab | 2.9M | 4.1M | 1.8M | 2.4M | 2.8M | 2.8M | |
Net Invested Capital | 650.6M | 1.3B | 1.3B | 1.3B | 1.9B | 1.3B | |
Total Current Assets | 44.6M | 58.6M | 72.4M | 90.6M | 56.7M | 66.7M | |
Capital Stock | 639.2M | 1.0B | 1.3B | 1.3B | 1.7B | 1.2B | |
Net Working Capital | 40.8M | 54.5M | 67.1M | 78.0M | 39.7M | 57.8M | |
Common Stock | 639.2M | 1.0B | 1.3B | 1.3B | 1.7B | 1.2B | |
Property Plant Equipment | 607.5M | 1.2B | 1.2B | 1.2B | 1.4B | 1.1B |
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Additional Information and Resources on Investing in Triple Stock
When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Triple Flag. If investors know Triple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Triple Flag listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.005 | Dividend Share 0.208 | Earnings Share 0.18 | Revenue Per Share 1.048 | Quarterly Revenue Growth 0.144 |
The market value of Triple Flag Precious is measured differently than its book value, which is the value of Triple that is recorded on the company's balance sheet. Investors also form their own opinion of Triple Flag's value that differs from its market value or its book value, called intrinsic value, which is Triple Flag's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Triple Flag's market value can be influenced by many factors that don't directly affect Triple Flag's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.